Private Mortgage Insurance
Private mortgage insurance (PMI) is a type of insurance that protects a lender in the event that a borrower defaults on a mortgage loan. This type of insurance is typically required for borrowers who make a down payment of less than 20% of the purchase price of a home. Continue Reading Below
Encyclopedia Articles
Discover the definition of financial terms related to private mortgage insurance.

Real Estate Appraisal: How It Works, What It Costs, and What to Do If It Comes in Low
Andrew Latham

What Is Private Mortgage Insurance (PMI)?
Andrew Latham

Loan to Value (LTV): Definition, How It's Calculated, and Why It Matters
Andrew Latham

What is a First Mortgage?
Jamela Adam

What Is a Piggyback Loan (80/10/10 Mortgage) and How Does It Work?
Andrew Latham

High-Ratio Loans: Definition, Calculation, and Practical Examples
Alessandra Nicole

The Homeowners Protection Act: Understanding Its Impact, Termination Process, and Pros & Cons
Abi Bus

Demystifying Up-Front Mortgage Insurance (UFMI) - What You Need to Know
Alessandra Nicole

Mortgage Insurance Explained With Examples
Dan Agbo

80-10-10 Mortgages: A Closer Look with Examples and Benefits
Silas Bamigbola
Learn About Private Mortgage Insurance

How Much Down Payment Do You Need for a House in 2026?
Andrew Latham

How Much Down Payment for a $500,000 House?
Andrew Latham

Mortgagee vs Mortgagor: What's the Difference?
Benjamin Locke

How to Calculate Your Monthly Mortgage Payment
SuperMoney Team

How Much Mortgage Can I Qualify For?
Jessica Walrack

Piggyback Loan vs. Second Mortgage: What’s the Difference?
Andrew Latham

Pros and Cons of a Piggyback Loan (80/10/10 Mortgage)
Andrew Latham

Piggyback Loan vs. PMI: Which Is the Better Way to Avoid Extra Costs?
Andrew Latham

How to Qualify for a Piggyback Loan (80/10/10 Mortgage Requirements)
Andrew Latham

Should You Get a Piggyback Loan? Here’s When It Makes (and Doesn’t Make) Sense
Andrew Latham

How Does a Piggyback Loan Work?
Andrew Latham

Jumbo Loan Down Payment Options: 10%, 15%, or 20% — Which Is Right for You?
Andrew Latham

Conventional Loan Refinance in 2026: How It Works and When to Consider It
Andrew Latham

Conventional Loan vs Jumbo Loan Comparison: Key Differences Explained
Andrew Latham

Conventional Loan for First-Time Home Buyers 2026: What You Need to Know
Andrew Latham

Conventional Loan Pros and Cons: Is It the Right Mortgage for You?
Andrew Latham